Blar i Norges Banks vitenarkiv på emneord "JEL: C3"

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    • Did monetary policy kill the Phillips Curve? Some simple arithmetics 

      Bergholt, Drago; Furlanetto, Francesco; Vaccaro-Grange, Etienne (Working paper;2/2023, Working paper, 2023)
      An apparent disconnect has taken place between inflation and economic activity in the US over the last 25 years, with price inflation remaining remarkably stable in spite of large fluctuations in the output gap and other ...

    • Econometric Inflation Targeting 

      Bårdsen, Gunnar; Jansen, Eilev S.; Nymoen, Ragnar (Working Papers;5/1999, Working paper, 1999)
      Inflation targeting makes the Central Bank’s conditional inflation forecast the operational target for monetary policy. Successful inflation targeting requires knowing the transmission mechanisms to inflation from shocks ...

    • Oil Price Shocks and Monetary Policy in a Data-Rich Environment 

      Aastveit, Knut Are (Working Papers;10/2013, Working paper, 2013)
      This paper examines the impact of different types of oil price shocks on the U.S. economy, using a factor-augmented VAR (FAVAR) approach. The results indicate that when examining the effects of oil price shocks, it is ...